Delta Airlines Begins In-flight Wi-Fi Services On African Routes

By Aduragbemi Omiyale A small aircraft crashed near the Murtala Mohammed International Airport (MMIA) in Ikeja, Lagos. The yet-to-be-identified helicopter, which is said to belong to a private owner, reportedly crashed in the Oba Akran area of Lagos State on Tuesday afternoon. According to reports reaching this newspaper, the pilots survived the air disaster. Two pilots were said to be flying the chopper when it burst into flames after it fell into a private property in the area. At the time of filing this report, we are yet to confirm what was responsible for the ill-fated helicopter crash. However, some

By Modupe Gbadeyanka All the employees of Azman Air except for a few senior executives have been sent on compulsory after the management suspended the company’s operations. The leave is without pay, according to a circular issued to members of staff, signed by the Human Resources Manager, Magaji Mohammed Misau. According to Leadership Newspaper, the airline operator took this step because its Boeing 737 aircraft taken abroad for C-check maintenance was yet to return. This has rendered the organisation’s commercial operations useless, especially after the conclusion of the Hajj operations last month. “As you are aware that our domestic operations

By Adedapo Adesanya  Global mobility and urban services platform, inDrive, has launched the first-of-its-kind in South Africa known as name your price freight service – inDrive.Freight, targeting the needs of small businesses and individuals. In a statement, the California-headquartered company said inDrive.Freight offers a comprehensive range of non-liquid freight transportation solutions, whether it’s the delivery of small parcels or large shipments. The service also aims to deliver reliability and efficiency for last-mile in-city routes, with same-day delivery available on demand. The service will launch in the South African cities of Cape Town and Johannesburg, a move the company said signifies

By Modupe Gbadeyanka Steps are being taken by a leading amusement park and resort in Nigeria, Omu Resort, to ensure Delta State become the latest global tourism hub. The company has come up with a multifaceted initiative known as Discover Delta to attract tourists across the world to the oil-rich state and earn scarce foreign exchange (FX) for the country. It intends to achieve this goal and redefine the tourism landscape in Delta State through the Leisure Park and Film Village Asaba. A statement from the firm said in September 2023; it would launch the Discover Delta initiative, which encompasses

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has removed the restrictions on domiciliary accounts and has increased the cash deposits to $10,000 daily. The bank confirmed this development in a statement on Sunday after an extraordinary Bankers’ Committee meeting to discuss the new foreign exchange (FX) policy aimed to converge the various exchange rate regimes in the country. The CBN said domiciliary account holders must be allowed full access to their funds. “Domiciliary account holders are permitted to utilize cash deposits not exceeding $10,000 per day or its equivalent via telegraphic transfer,” a part of the notice from

By Adedapo Adesanya  Oil prices ended the week on Friday, November 8, 2019 positive with major oil futures holding gains despite fresh pessimism surrounding the US-China trade deal. Earlier in the day, oil prices fell more than 1 percent following comments from US President Donald Trump that he has not agreed to roll back tariffs placed on China. However, as at Friday night, Business Post monitored that the future was trading up 36 Cents or 0.58 percent to trade at $62.66 per barrel, while the US’ West Texas Intermediate (WTI) Crude was also appreciating by 27 Cents equivalent to 0.47

By Aduragbemi Omiyale The $400 million Eurobond notes issued to bond investors in 2017 by Fidelity Bank Plc have been redeemed on maturity on Monday, October 17, 2022. The financial institution used the five-year debt instrument to carry out some of its operations and expand its services. “The liquidation of the notes despite the strong headwinds in the domestic economy, especially when viewed against the backdrop of short dollar supply, is a testament to the strong liquidity position of the bank and the resilience of our balance sheet,” the chief executive of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, stated. Recall that

By Timi Olubiyi, PhD The new year is here, it is my prayer that 2022 will be a profitable year for all individuals, businesses, and households. Our new year resolutions at every level must include enhancing productivity and improving performance. Without a doubt, transportation is central to this and can be an effective indicator of performance in any economy, business, and quality of life. Simple things like getting to work, school, meetings, appointments, trade facilitation, transacting, moving cargoes, travels, and even delivery of social services such as rescues during emergencies can become extremely difficult with poor transportation. In fact, business

By Adedapo Adesanya Petroleum marketers in Rivers State have raised concerns about the professionalism of the Standard Organisation of Nigeria (SON), especially as it concerns the importation of substandard goods into the country. The Rivers State Chairman of Petroleum Products Retail Outlets Owners Association of Nigeria, Mr Francis Dimkpa, faulted the mode of operation of the agency, urging it to monitor the standard of items at the point of manufacturing and entry into the country. Mr Dimkpa, who was speaking on the role of the agency in eradicating substandard products from the market, blamed SON for failing to thoroughly access

By Dipo Olowookere World’s leading consumer health and hygiene company, Reckitt Benckiser (RB), makers of Dettol, has urged nursing mothers to embrace good hygiene practice during breast-feeding. This was reiterated upon at a breast-feeding workshop, titled ‘Sustaining Development Together’ which was carried out in partnership with Save Our Children International, Nigeria Branch, at Shomolu, Lagos, recently. This event was organized to mark the World Breast-Feeding Week which is celebrated between August 1 and 7 in more than 170 countries. It had in attendance over 500 nursing mothers from the Shomolu local Government in Lagos, Nigeria, and they were taught proper

By Modupe Gbadeyanka Mr Emmanuel Nnorom has been appointed as the Group Chief Executive Officer (CEO) of Heirs Holdings. Mr Nnorom’s appointment was approved by the board of the firm and takes effect on Thursday, June 1, 2017. Before now, Mr Nnorom was the Chief Executive Officer of an affiliate of Heirs Holdings, Transnational Corporation of Nigeria Plc. He will join the Heirs Holdings’ board, reporting directly to the Group Chairman, Mr Tony Elumelu and would be expected to provide the day-to-day leadership at Heirs Holdings and be responsible for execution of group strategy for the proprietary investment firm, whose

By Adedapo Adesanya Oil prices appreciated by 3 per cent on Wednesday as improved risk appetite provided support despite data showing an unexpected rise in crude inventories in the United States. The Brent crude gained $2.8 or 3.34 per cent to close at $71.90 while the US West Texas Intermediate (WTI) crude recorded a rise of $3.88 or 3.43 per cent to trade at $70.03 per barrel. Both futures rebounded after dropping around 7 per cent on Monday, following a deal by the Organization of Petroleum Exporting Countries and allies (OPEC+) to boost supply by 400,000 barrels per day from